3700 houses for sale for 1 euro each

Salemi, Italy (IT)

There are 3,700 houses owned by the council, almost all in the old town, that are in danger of falling down - of crumbling and dying.

There is a catch - those who buy will be obliged to sympathetically renovate the old houses without changing their style within two years at some significant cost.

3700 houses for sale for 1 euro each

Salemi, Italy (IT)

A small town in western Sicily has come up with a revolutionary solution to solve its property problems.

They are offering houses in the town, which sits between two rivers, for just a single euro (81 pence; $1.44).

There are 3,700 houses owned by the council, almost all in the old town, that are in danger of falling down - of crumbling and dying.

There is a catch - those who buy will be obliged to sympathetically renovate the old houses without changing their style within two years at some significant cost.

Cities, In The News
Links: news.bbc.co.uk
By: kjfitz

Nearby:

Castello Normanno

Castello Grifeo

Temple at Segesta

Greek Theater at Segesta

Temple of Segesta

'Cretto' by Alberto Burri

Destroyed Sicilian village

Abandoned airfield

Dog in action

Abandoned Town of Poggioreale

Castello Maurigi

Kartodromo Kinisia

Comments

kjfitz

@ 2008-09-03 18:54:07

Here's an interesting Wikipedia article on the mayor of the town who came up with the idea to sell the old houses:
http://en.wikipedia.org/wiki/Vittorio_Sgarbi